Frequently Asked Questions

What is BitPay?

BitPay is an electronic payment processing system for the bitcoin currency. We enable online merchants to accept bitcoins, as a form of payment, just as they accept payments from Visa, Mastercard, or Paypal.

When do I get paid?

We prefer to send one payment to every merchant each day, which clears out their balance with BitPay. This prevents balances from accumulating and discourages hackers.
Payments to bank accounts are made per business day. Payments in bitcoins are sent to the bitcoin address of your choice, at least once per calendar day.

How do I get paid?

Merchants choosing to keep the bitcoins can be anywhere in the world. Merchants in some countries can choose to receive a direct deposit into their bank account.

In which countries is BitPay available?

BitPay is available in every country, and you can set your prices in over 150 different currencies.